PTC Inc
NASDAQ:PTC
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Gross Margin
PTC Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 22.5B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 567B USD |
Gross Margin |
62%
|
Country | US |
Market Cap | 328.5B USD |
Gross Margin |
77%
|
Country | DE |
Market Cap | 276.2B EUR |
Gross Margin |
73%
|
Country | US |
Market Cap | 196.8B USD |
Gross Margin |
89%
|
Country | US |
Market Cap | 187.9B USD |
Gross Margin |
23%
|
Country | US |
Market Cap | 180.2B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 182.8B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 114.4B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 82.7B USD |
Gross Margin |
88%
|
Country | US |
Market Cap | 75.6B USD |
Gross Margin |
80%
|
PTC Inc
Glance View
In the bustling world of software solutions, PTC Inc. has carved a distinctive niche for itself by focusing on high-impact digital transformation within the industrial sector. Founded in 1985 and headquartered in Boston, PTC started its journey with a robust CAD software offering, which quickly set the company apart as a leader in design innovation. However, as industries evolved, so did PTC. The company adeptly transitioned from its roots in CAD to embrace a broader spectrum of technologies that propel industrial companies into the digital age. With an eye on the future, PTC invested heavily in areas like the Internet of Things (IoT) and Augmented Reality (AR), providing a comprehensive suite of solutions tailor-made for modern manufacturing, engineering, and service challenges. Central to PTC’s business model is its ability to blend traditional engineering software with cutting-edge digital innovations to create a seamless ecosystem for its clients. By offering products like ThingWorx for IoT applications and Vuforia for AR experiences, PTC empowers industries to optimize their operations, reduce downtime, and enhance product quality. These solutions are not only transformative but are also offered through subscription-based pricing, ensuring a steady and predictable revenue stream. PTC’s strategic focus on recurring revenue through digital solutions caters aptly to companies intent on thriving in Industry 4.0, placing PTC at the forefront of the industrial software revolution.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on PTC Inc's most recent financial statements, the company has Gross Margin of 80.7%.